A person who is "loaded" has a lot of money.

The term "loaded" can be rather rude if you use it with the wrong person and in the wrong way. You can describe someone as "loaded" when:

• You're gossipping with a friend who you trust about someone else.
• You jokingly say this to a close friend who has a lot of money.
• You say it about someone who you and your listeners don't know personally, like a celebrity.
• You can say this about yourself as a joke if you're actually poor.

If you call someone "loaded" when you're speaking to a person you don't know well, it might seem rude. It might also seem like you're obsessed with how much money other people have.